NYSE Liffe operates a number of Market Making schemes, with the aim of encouraging and maintaining market liquidity. Appointed market makers in particular contracts have obligations to maintain two way prices and volumes for a specified period of the trading day. In return for fulfilling these obligations, we offer a range of potential benefits, including reduced trading fees, monthly stipends and a share of net trading revenue.

On 23 November we are launching a new DMM scheme in the Short and Medium Gilt futures contracts.

DMMs will be required to provide continuous two-way on-screen prices at specified maximum bid/offer spreads and specified minimum quote size, for up to 90% of the trading session.

London Info-Flash No. LO09/39
Short and Medium Gilt Futures Contracts
Invitation to apply for Designated Market Maker Status

DMM scheme in the Long Gilt options contract.

DMMs are required to provide continuous two-way competative prices and order sizes - either on-screen or over the telephone - at specified maximum bid/offer spreads and specified minimum quote size, for up to 90% of the trading session. In addition, DMMs are required to provide theoretical pricing in order to assist with exchange EDSP publications.

London Info-Flash LO09/38
Option on Long Gilt Futures Contract
List of Designated Market Makers

To search for previous market notices, please visit here and for info-flashes, please visit here